NOT LISTED FOR SALE

3726 Mintern St Riverside, CA 92509

Estimated Value: $491,000 - $786,000

3 Beds
2 Baths
1,587 Sq Ft
$394/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $482,500 $304 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,786/month

11 Days on Market

About This Home

As of June 2021

Excellent investment Opportunity. Two homes on a lot, Front house 2-bedroom 1-Bath with Approximately 1,099 Sq.Ft. Back house 1-Bedroom 1-Bath with Approximately.. 488 Sq.Ft. on RECORD, but is estimated at 1,369 sq.ft with 3-Bedrooms 2-bath. Back house appears to have unpermitted or undocumented additions. Private laundry for each home.(2) gas meters, (2)electric meters (1) shared water meter, Both units have plenty of front and back yard space. Centrally located close to freeways, shopping, schools and restaurants.

Last Agent to Sell the Property

Jeannette Villegas

First Family Homes License #01763090 Listed on: 04/16/2021

Last Buyer's Agent

Karen Munoz

Remax Anela Realty License #02084961

Remax Anela Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,658

Year Built

  • Built in 1943

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls

Home Design

  • Composition Roof

Interior Spaces

  • 1,587 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • Parking Lot

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 36 / B
  • Tax Tract Number 1
  • Assessor Parcel Number 179202024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,162
  • Maintenance Expense $1,300
  • Trash Expense $720
  • Water Sewer Expense $1,660
  • New Taxes Expense $6,000
  • Operating Expense $11,442
  • Gross Income $34,200
  • Net Operating Income $22,758

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,658

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1660.00
  • Zoning: R-2
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 179202024
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 304.03

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, On Site, Parking Space
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900
  • Latitude Manual: 33.99645500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 34200.00
  • Gross Operating Income: 34200.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 1162.00
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 1300.00
  • Net Operating Income: 22758.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11442.00
  • Rent Control: Yes
  • Total Expenses: 11442.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Block: B
  • Tax Census Tract: 402.04
  • Tax Lot: 36
  • Tax Tract Number: 000001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 27, 2021
Sold by
Haro Jorge
Bought by
Alvarez Luis Alberto Huip
Seller's Agent
Jeannette Villegas
First Family Homes
Buyer's Agent
Karen Munoz
Remax Anela Realty
List Price
$479,999
Sold Price
$482,500
Premium/Discount to List
$2,501
0.52%
Current Estimated Value
$625,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,516
Avg. Annual Appreciation
6.16%
Original Mortgage
$471,306
Outstanding Balance
$425,778
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$199,238

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 20, 2021
Sold by
Martinez Alma L Zalpa
Bought by
Alvarez Luis Alberto Huip
Seller's Agent
Jeannette Villegas
First Family Homes
Buyer's Agent
Karen Munoz
Remax Anela Realty
List Price
$479,999
Sold Price
$482,500
Premium/Discount to List
$2,501
0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,306
Outstanding Balance
$425,778
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$199,238

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 24, 2018
Sold by
Mosqueda Lupe
Bought by
Hare Jorge
Seller's Agent
kevin Bauder
BAUDER REAL ESTATE
Buyer's Agent
Jeannette Villegas
First Family Homes
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.18%

Purchase Details

Listed on
Mar 22, 2018
Closed on
Mar 27, 2018
Sold by
Haro Yolanda
Bought by
Haro Jorge
Seller's Agent
kevin Bauder
BAUDER REAL ESTATE
Buyer's Agent
Jeannette Villegas
First Family Homes
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%

Purchase Details

Closed on
Dec 31, 2003
Sold by
Arce Rudy R and Arce Alicia H
Bought by
Arce Alicia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2003
Sold by
Arce Alicia H
Bought by
Arce Rudy R and Arce Alicia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 1997
Sold by
Arce Rudy R and Arce Alicia H
Bought by
Arce Alicia H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alvarez Luis Alberto Huip $480,000 Pacific Coast Title
Alvarez Luis Alberto Huip -- Pacific Coast Title
Hare Jorge $265,000 Ticor Title Company Of Calif
Haro Jorge -- Ticor Title Company Of Calif
Arce Alicia H -- --
Arce Rudy R -- --
Arce Alicia H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Luis Alberto Huip $471,306
Previous Owner Arce Rudy R $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2021 06/14/21 Sold $482,500 +0.5% $304 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $479,999 +81.1% $302 / Sq Ft
05/03/2018 05/03/18 Sold $265,000 +6.0% $107 / Sq Ft View Prior Sale
03/26/2018 03/26/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $250,000 -- $101 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,658 $519,564 $129,890 $389,674
2023 $5,658 $499,392 $124,848 $374,544
2022 $5,539 $489,600 $122,400 $367,200
2021 $3,255 $278,561 $78,838 $199,723
2020 $3,224 $275,706 $78,030 $197,676
2019 $3,057 $270,300 $76,500 $193,800
2018 $2,509 $224,400 $61,200 $163,200
2017 $1,150 $100,052 $32,106 $67,946
2016 $1,133 $98,091 $31,477 $66,614
2015 $1,116 $96,619 $31,005 $65,614
2014 $1,043 $94,729 $30,399 $64,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21079813

California Regional Multiple Listing Service (CRMLS)

APN: 179-202-024